The Asia Pacific energy drink market size was valued USD 13.7 Billion in 2020 and is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the changing lifestyle across the globe.
Energy drink contains stimulant compounds such as caffeine, which impart mental and physical stimulation effect. These drinks may be available in carbonated form and can consist of sweeteners, herbal extracts and amino acids. They are not same as sports drinks, which are used to replace electrolytes and water during or after physical activity to enhance sports performance. They are different from tea and coffee, which are brewed or may be decaffeinated.
Energy drinks contains taurine that is necessary for cardiovascular function and skeletal muscle development. Improvement in cognitive performance is due to the presence of caffeine in the energy drinks. The dietary supplements in energy drinks may be appear to produce benefits, increasing its consumption across the globe.
The report on the Asia Pacific energy drink market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Asia Pacific Energy Drink Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Product Types (Drinks, Shots, and Mixers), Distribution Channels (Supermarkets/ Hypermarkets, Food Services, Online Retail, Convenience/Grocery Stores, and Others) |
Geographical Scope |
India, China, Japan, Australia, and Rest of Asia Pacific |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Red Bull, PepsiCo, Dali Foods Group, Osotspa Public Company Limited, and LT Group Inc. |
Based on product types, the market is segmented into drinks, shots, and mixers. The mixer segment is expected to constitute a key market share during the forecast period due to increasing use of energy drinks as mixers for alcoholic beverages.
In terms of distribution channels, the market is divided into supermarkets/ hypermarkets, food services, online retail, convenience/grocery stores, and others. The online retail segment is anticipated to expand at a rapid pace in the coming years owing to availability of energy drinks on e-commerce platforms. E-commerce not only offers convenience and comfort, but also provides information regarding products, prices, benefits, and comprehensive value evaluation before committing the purchase of the product.
On the basis of geography, the market is categorized as India, China, Japan, Australia, and Rest of Asia Pacific. China is anticipated to dominate the market during the forecast period. The country’s market growth can be attributed to rising income and constant improvement of living standards, which resulted in modernized and busier lifestyles. Canned and bottled energy drinks are sold in all retail outlets from supermarkets & hypermarkets to convenience stores and online retails, boosting the sales of the products in China.
Segments Covered in the Report
The Asia Pacific energy drink market has been segmented on the basis of
Product Types
Distribution Channels
Geography
Key Players
Key players competing in the Asia Pacific energy drink market include Red Bull, PepsiCo, Dali Foods Group, Osotspa Public Company Limited, and LT Group Inc.
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